Starting just one day after the Stanley Cup Final begins, the NBA Finals are set to tip off in a matchup that very few people would have predicted before the season started.

Representing the Eastern Conference are the New York Knicks, who are making their first NBA Finals appearance of the 21st century and their first since 1999. The Knicks are one of the league’s most storied franchises, but they are still searching for their first championship since 1973. Standing between them and a long-awaited title is the San Antonio Spurs, led by arguably the most unique superstar the NBA has ever seen in Victor Wembanyama.

New York has been nothing short of dominant throughout its playoff run. The Knicks have lost just two games, both coming in their opening-round series against the Atlanta Hawks. Since then, they have rattled off 11 consecutive victories, sweeping both the Philadelphia 76ers and the Cleveland Cavaliers on their way to the Finals. Jalen Brunson and Karl-Anthony Towns have been the driving forces behind New York’s success, but the supporting cast has played a major role as well. Players such as Landry Shamet have provided critical scoring, with Shamet in particular shooting the ball at an elite level from beyond the arc throughout the postseason.

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On the other side stands a San Antonio Spurs team making its first Finals appearance since 2014, when it defeated the Miami Heat to capture an NBA championship. This run feels slightly ahead of schedule, as many believed the Spurs’ young core needed more time before seriously contending for a title. Instead, they have exceeded expectations and emerged from a loaded Western Conference.

San Antonio’s path to the Finals was far more difficult than New York’s. The Spurs handled the Portland Trail Blazers in five games during the first round, but the competition quickly intensified. They survived a hard-fought six-game series against the Minnesota Timberwolves before facing their toughest challenge yet in the Western Conference Finals against the Oklahoma City Thunder. After falling behind in the series, San Antonio won the final two games to capture the series in seven and punch its ticket to the Finals.

Now the stage is set for a fascinating championship showdown. The Knicks enter the series as arguably the hottest team in basketball, riding an 11-game winning streak and playing with tremendous confidence. The Spurs, meanwhile, have already proven they can overcome adversity and defeat elite competition, led by a generational talent in Wembanyama and a young roster that continues to mature before our eyes.

With two vastly different paths converging on basketball’s biggest stage, let’s take a look at how oddsmakers view this matchup as we get closer to Game 1 of the NBA Finals.

NBA Finals Champion Odds (per DraftKings)

TeamOddsImplied Probability
San Antonio Spurs-18564.91%
New York Knicks+15539.22%

Even though the Spurs faced a much tougher path to reach the NBA Finals, they still enter the series as a sizable favorite to win the championship. A big reason for that comes down to two factors: home-court advantage and the presence of Victor Wembanyama, who has quickly established himself as arguably the best two-way player in basketball.

Wembanyama’s ability to completely alter a game plan on the defensive end is what has made San Antonio such a difficult matchup throughout the playoffs. His length, timing, and versatility allow him to impact nearly every possession, whether it’s protecting the rim, switching onto smaller players, or disrupting passing lanes. On the offensive side, he’s just as dangerous. At his size, he creates matchup problems that few teams have answers for, and his ability to score from all three levels means opponents have to account for him every second he’s on the floor.

While much of the attention heading into this series will understandably be focused on Wembanyama and the Spurs, it would be a mistake to overlook how dominant the Knicks have been throughout the postseason. New York enters the Finals riding an 11-game winning streak and has arguably looked like the best team in basketball over the past month. Jalen Brunson has once again elevated his play when the stakes are highest, while Karl-Anthony Towns has provided the Knicks with another dependable scoring threat capable of taking over stretches of a game.

From a betting perspective, the question ultimately comes down to whether you believe San Antonio wins this series at the rate implied by the current odds. The Spurs certainly deserve to be favored given their versatility, star power, and the quality of opponents they defeated on their way to the Finals. However, New York has consistently exceeded expectations throughout this postseason and has shown an ability to adapt to different styles of play.

If the Knicks can continue to play their physical, disciplined brand of basketball and find a way to at least limit Wembanyama’s overall impact, they have a legitimate chance to pull off the upset. San Antonio may be the favorite, but New York has earned its place on this stage, and if its current level of play continues, the Knicks could very well find themselves holding the Larry O’Brien Trophy when this series comes to an end.